XRP Jumps 3% Above $1.14 as Institutional Buying Meets Key Resistance Test
XRP posted its strongest session in days, rising 3.3% to $1.1442 on June 11, 2025, with volume surging 160% above average. The move broke through resistance near $1.12, driven by Ripple's expansion of regulated cross-border payments on the XRP Ledger, including Bitso's MXN-backed stablecoin MXNB and on-chain dollar/peso liquidity products. However, traders remain cautious as XRP still trades below a descending trendline from early 2026. The key test is the $1.20-$1.25 resistance zone, which has capped every major recovery since February. A break above this level would signal a potential trend reversal, while failure could reinforce the broader downtrend and put focus back on support at $1.09, with some analysts warning of a possible decline to $0.90.
Key facts
- XRP rose 3.3% to $1.1442 on June 11, with volume surging 160% above average.
- Institutional use case expands via Bitso's MXNB stablecoin on XRPL and Ripple's payment infrastructure.
- Key resistance at $1.20-$1.25 has capped all major recoveries since February.
- XRP remains below a descending trendline from early 2026, indicating longer-term bearish risk.
- Failure near resistance could send XRP back to $1.09 support or lower to $0.90.